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Berlusconi 'to sell part of AC Milan'

13 October 2012-AFP

Silvio Berlusconi is ready to sell 30 per cent of AC Milan to Qatar's ruling Al-Thani family, the Gazzetta dello Sport newspaper reported on Friday.

'Milan of Arabia' read the headline of the sports daily with a photo of Berlusconi wearing a red and white chequered headdress.

The former Italy prime minister has owned AC Milan for the last 26 years but is willing to sell a third of the club for 250 million euros ($316.41 million), the newspaper claims.

If the sale was to go ahead, it would be the latest foray into international sport for the Qataris, who recently bought out French Ligue 1 outfit Paris Saint-Germain.

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